Penang
Timur Laut
Jelutong
STRAITS GARDEN (PLOT A)

STRAITS GARDEN (PLOT A)

Area Intelligence

2022

Median Price

RM 550,000

PSF: RM 767

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Residential PSF Trends

Median Price

RM 385,000

PSF: RM 778

Commercial PSF Trends

Median Price

RM 1,100,000

RM 402 PSF

STRAITS GARDEN (PLOT A) in Timur Laut, Penang recorded 15 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 767.

This area contains both residential and commercial properties. View 24 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 767, with most transactions between RM 767 and RM 767. The usual range is RM 610.50 to RM 923.50, showing that most units are priced quite close to each other. With an IQR of RM 313.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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STRAITS GARDEN (PLOT A), Timur Laut, Penang

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